Exclusive
Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki
The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...
14 october 2024
James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration
London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...
07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets
Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.
16 september 2024
SODIAM to hold a rough diamond tender
It said the bid submission will end on May 19, 2023.
Viewings are scheduled to take place between May 8 and 18, 2023, at SODIAM’s office in Luanda.
SODIAM will tender 36 single stones, including 19 single stones from Kaixepa production; seven from Catoca production; two from Luminas production; and each from Chitotolo production, Uari, Lunhinga, and Cooperativa Moquita productions.
SODIAM realised $28,7 million from the sale of 1,819.79 carats at its fifth international rough tender last November.
The diamonds sold were special productions from Lulo, Catoca, and Luele.
The diversified pack of special stones included a composition of seven stones from Lulo that yielded $20,4 million, 27 from Catoca worth $5,3 million, and nine from Luele that realised about $3 million.
SODIAM exported around 8,9 million rough carats in 2021 worth $1.62 billion, or an average price of $182,16 per carat, positioning Angola as the world’s third-largest rough diamond producer in value terms.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished